Teradata Appoints Claire Bramley as Chief Financial Officer
June 08 2021 - 9:14AM
Business Wire
Mark Culhane to Step Down After Three and a
Half Years of Distinguished Service
Teradata (NYSE: TDC), the connected multi-cloud data platform
for enterprise analytics, today announced that its Board of
Directors has appointed Claire Bramley as Chief Financial Officer,
effective June 14, 2021. Bramley succeeds Mark Culhane, who will be
stepping down as CFO on June 13, 2021. To ensure a smooth
transition, Culhane will continue to be employed until June 30,
2021. As CFO, Claire will be a member of the Executive Leadership
Team, responsible for leading Teradata’s financial organization,
information technology, analytics and security, enterprise risk,
and enterprise strategic sourcing.
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Claire Bramley, Teradata CFO (Photo:
Business Wire)
Bramley brings extensive senior leadership experience in
corporate finance and accounting roles, as well as deep knowledge
of the technology industry. She had a nearly 15-year career at HP
Inc., most recently serving as Global Controller, where she was
responsible for financial controls and compliance, external
reporting, and coordinating directly with the company’s Audit
Committee. Additionally, she headed HP’s Finance Strategy and
Transformation efforts and oversaw Corporate Financial Planning and
Analysis.
Previously, Bramley served in numerous roles of increasing
responsibility within HP’s finance function, including Head of
Finance for Europe, Middle East and Africa, where she oversaw $17
billion in revenue and partnered with the Regional President to
develop and implement strategy, planning and performance
management. Bramley was also Vice President, Corporate Financial
Planning and Analysis at HP, where she supported all business units
that, collectively, exceeded $100 billion in revenue, and led the
annual budget and monthly forecast process.
“Claire’s deep financial acumen, knowledge of the technology
sector and expertise with multinational organizations undergoing
significant change make her the ideal person to be our next CFO and
help us win in the marketplace,” said Steve McMillan, President and
CEO of Teradata. “Claire is a collaborative executive with a proven
track record of leading large-scale fiscal and operational
disciplines, driving financial and strategic planning, and
proactive risk management. As we continue to build momentum and
accelerate profitable growth, Claire’s history of operational
excellence will be a tremendous asset to our world-class team as we
execute our strategy and drive value for our shareholders.”
“Teradata is in the midst of exciting change and is experiencing
significant growth across its business, and I am thrilled to join
the team,” said Bramley. “I look forward to working with Steve and
the leadership team to accelerate the Company’s financial and
operational performance, while strengthening our competitiveness
and profitability.”
McMillan continued, “I greatly appreciate Mark’s
professionalism, expertise and contributions. Mark has played a
significant role advancing our finance organization and shifting
the Company to a recurring revenue model. On behalf of everyone at
Teradata, we thank him for his service to the Company and wish him
all the best.”
Additional Details About Claire Bramley Prior to HP,
Bramley served as Acting CFO, Finance Controller and Head of
Financial Analysis and Reporting at SSP Group PLC., a leading
operator of food and beverage outlets in travel locations
worldwide. Bramley has a BSc. in Accounting and Financial
Management from the University of Loughborough, Loughborough, UK.
She is a Certified Public Accountant and Chartered Management
Accountant.
Note to Investors This release contains forward-looking
statements within the meaning of Section 21E of the Securities and
Exchange Act of 1934. Forward-looking statements generally relate
to opinions, beliefs and projections of expected future financial
and operating performance, business trends, and market conditions,
among other things. These forward-looking statements are based upon
current expectations and assumptions and involve risks and
uncertainties that could cause actual results to differ materially,
including the factors discussed in this release and those factors
described from time to time in Teradata’s filings with the U.S.
Securities and Exchange Commission, including its annual report on
Form 10-K for the year ended December 31, 2020 and subsequent
quarterly reports on Forms 10-Q, as well as the Company’s annual
report to stockholders. Teradata does not undertake any obligation
to publicly update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise,
except as required by law.
About Teradata Teradata is the connected multi-cloud data
platform for enterprise analytics, solving data challenges from
start to scale. We help businesses unlock value by turning data
into their greatest asset. See how at teradata.com.
The Teradata logo is a trademark, and Teradata
is a registered trademark of Teradata Corporation and/or its
affiliates in the U.S. and worldwide.
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version on businesswire.com: https://www.businesswire.com/news/home/20210608005736/en/
INVESTOR CONTACT Christopher T. Lee 858-485-2523 office
christopher.lee@teradata.com MEDIA CONTACT Jennifer Donahue
858-485-3029 office jennifer.donahue@teradata.com
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